Business Structuring

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Aishah Mustapha and 1 other commented on this article
Aishah Mustapha

Aishah Mustapha, Content Marketer at

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Another easy way to understand the difference between ABN and ACN is that all businesses have ABN, which stands for Australian Business Number. A business can be structured as a sole trader, partnership, trust or companies. If your business is run or legally structured as a company, you will also need to register an ACN, which stands for Australian Company Number. A company will also have an ABN, but is separate from an individual's ABN.

Aishah Mustapha commented on this article
Aishah Mustapha

Aishah Mustapha, Content Marketer at

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Now that ASIC is managing business names for all of Australia, the process and cost to register a business name in NSW is the same as elsewhere. Everything can be done online. As a word of caution, stay away from business names that are related or sound like big brand names because there have been cases where corporations sue small businesses over names. 

Steve Osborne added an answer to this question
Steve Osborne

Steve Osborne, director at Stephen Roger Osborne

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Whichever best suits the type of business you are building.

Steven Freeman added an answer to this question
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Steven Freeman

Steven Freeman at

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Some private investigators & lawyers can access deeper level non public records for a fee. The public ones are mainly a case of working backwards from the known legal business name, company or entity.